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OTCMKTS:QMCO

Quantum Stock Forecast, Price & News

$5.56
+0.14 (+2.58 %)
(As of 12/4/2020 12:00 AM ET)
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Today's Range
$5.42
Now: $5.56
$5.71
50-Day Range
$4.18
MA: $5.11
$6.06
52-Week Range
$1.26
Now: $5.56
$8.52
Volume128,250 shs
Average Volume263,666 shs
Market Capitalization$226.51 million
P/E RatioN/A
Dividend YieldN/A
Beta1.6
Quantum Corporation provides products for storing and managing digital video and video-like data in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers StorNext software systems that enable high-speed ingest, editing, processing, and management of digital video and image datasets; and Scalar tape systems that provide long-term data storage facility to archive and preserve digital content for decades. It also provides DXi backup systems for backup storage and multi-site disaster recovery; surveillance and physical security storage systems, including video recording servers, as well as hyperconverged storage systems for video surveillance management and recording; and appliances designed for video surveillance analytics and to run various types of access control systems. In addition, the company offers in-vehicle storage systems, which are removable storage systems for in-vehicle data capture, mobile surveillance, and military applications; managed services, implementation and training services, and support services; and object storage systems for online content repositories, such as media archives, genome sequencing data repositories, and big data lakes. Further, it sells linear tape-open (LTO) tape cartridges, as well as standalone LTO tape drives for small business and desktop use. The company sells its products through a network of distributors, value-added resellers, direct marketing resellers, original equipment manufacturers, and other suppliers, as well as directly to corporate entities and government agencies. It serves corporations, government agencies, service providers, broadcasters, movie studios, sports leagues and teams, and enterprises. Quantum Corporation was founded in 1980 and is headquartered in San Jose, California.

Beat the Market (BTM) Rank

Analyst Opinion: 1.5Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.01 out of 5 stars


Industry, Sector and Symbol

Industry Computer storage devices
Sub-IndustryN/A
Current SymbolOTCMKTS:QMCO
CUSIPN/A
CIKN/A
Phone408-944-4000
Employees829

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$402.68 million
Book Value($4.90) per share

Profitability

Net Income$-42,800,000.00

Miscellaneous

Market Cap$226.51 million
Next Earnings Date1/27/2021 (Estimated)
OptionableOptionable
$5.56
+0.14 (+2.58 %)
(As of 12/4/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Quantum (OTCMKTS:QMCO) Frequently Asked Questions

How has Quantum's stock been impacted by COVID-19 (Coronavirus)?

Quantum's stock was trading at $3.41 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, QMCO shares have increased by 63.0% and is now trading at $5.56.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Quantum?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Quantum in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Quantum
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Quantum?

Wall Street analysts have given Quantum a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Quantum wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Quantum's next earnings date?

Quantum is scheduled to release its next quarterly earnings announcement on Wednesday, January 27th 2021.
View our earnings forecast for Quantum
.

How were Quantum's earnings last quarter?

Quantum Co. (OTCMKTS:QMCO) announced its quarterly earnings data on Wednesday, October, 28th. The company reported ($0.01) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.08) by $0.07. Quantum had a negative return on equity of 1.24% and a negative net margin of 2.58%.
View Quantum's earnings history
.

What guidance has Quantum issued on next quarter's earnings?

Quantum updated its third quarter 2021 After-Hours earnings guidance on Wednesday, October, 28th. The company provided EPS guidance of -0.04-0.00 for the period, compared to the Thomson Reuters consensus estimate of $0.01. The company issued revenue guidance of $91-95 million, compared to the consensus revenue estimate of $95.1 million.

What price target have analysts set for QMCO?

2 equities research analysts have issued 12-month price targets for Quantum's stock. Their forecasts range from $5.00 to $7.00. On average, they anticipate Quantum's stock price to reach $6.00 in the next year. This suggests a possible upside of 7.9% from the stock's current price.
View analysts' price targets for Quantum
.

Who are some of Quantum's key competitors?

What other stocks do shareholders of Quantum own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Quantum investors own include Square (SQ), Etsy (ETSY), Luckin Coffee (LKNCY), NVIDIA (NVDA), Advanced Micro Devices (AMD), Amyris (AMRS), Nokia (NOK), Slack Technologies (WORK), Zoom Video Communications (ZM) and Zynga (ZNGA).

Who are Quantum's key executives?

Quantum's management team includes the following people:
  • Mr. James J. Lerner, Chairman, Pres & CEO (Age 50, Pay $475k)
  • Mr. James Michael Dodson, Chief Financial Officer (Age 59, Pay $467.03k)
  • Mr. Lewis W. Moorehead, Chief Accounting Officer (Age 48, Pay $300k)
  • Ms. Elizabeth P. King, Chief Revenue Officer (Age 62, Pay $969.88k)
  • Mr. Shahid Khan, Chief Information Officer
  • Mr. Rob Fink, Investor Relations Officer
  • Ms. Regan J. MacPherson, Sr. VP, Chief Legal & Compliance Officer and Sec. (Age 57)
  • Ms. Natasha Beckley, Chief Marketing Officer
  • Mr. Appaji Malla, Sr. Director of Corp. Strategy & Corp. Devel.
  • Mr. John McKillop, Sr. VP of Global Sales

What is Quantum's stock symbol?

Quantum trades on the OTCMKTS under the ticker symbol "QMCO."

Who are Quantum's major shareholders?

Quantum's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Neuberger Berman Group LLC (5.00%), BlackRock Inc. (3.67%), Equitec Proprietary Markets LLC (1.47%), Pacific Ridge Capital Partners LLC (1.42%), Eidelman Virant Capital (1.25%) and State Street Corp (0.85%). Company insiders that own Quantum stock include Br Dialectic Capital Managemen, Brc Partners Opportunity Fund,, Donald E Jr Martella, Elizabeth King, J Michael Dodson, James J Lerner and Lewis W Moorehead.
View institutional ownership trends for Quantum
.

Which major investors are selling Quantum stock?

QMCO stock was sold by a variety of institutional investors in the last quarter, including Jane Street Group LLC, California Public Employees Retirement System, Pacific Ridge Capital Partners LLC, BlackRock Inc., CAPROCK Group Inc., First Midwest Bank Trust Division, New York State Common Retirement Fund, and Group One Trading L.P.. Company insiders that have sold Quantum company stock in the last year include Donald E Jr Martella, Elizabeth King, J Michael Dodson, James J Lerner, and Lewis W Moorehead.
View insider buying and selling activity for Quantum
.

Which major investors are buying Quantum stock?

QMCO stock was purchased by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, Equitec Proprietary Markets LLC, Eidelman Virant Capital, First Trust Advisors LP, Arrowstreet Capital Limited Partnership, State Street Corp, King Luther Capital Management Corp, and AQR Capital Management LLC. Company insiders that have bought Quantum stock in the last two years include Brc Partners Opportunity Fund,, J Michael Dodson, James J Lerner, and Lewis W Moorehead.
View insider buying and selling activity for Quantum
.

How do I buy shares of Quantum?

Shares of QMCO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Quantum's stock price today?

One share of QMCO stock can currently be purchased for approximately $5.56.

How big of a company is Quantum?

Quantum has a market capitalization of $226.51 million and generates $402.68 million in revenue each year. Quantum employs 829 workers across the globe.

What is Quantum's official website?

The official website for Quantum is www.quantum.com.

How can I contact Quantum?

Quantum's mailing address is 224 AIRPORT PARKWAY SUITE 550, SAN JOSE CA, 95110. The company can be reached via phone at 408-944-4000 or via email at [email protected]

This page was last updated on 12/5/2020 by MarketBeat.com Staff

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